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Downtrend Broken Resist.Archive - 10/2/2026 - Sign In to see current Signals. |
Fortive Corp (FTV) Technical Analysis
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| Summary:
| | Weekly :  | | Daily : Move cursor over the icon to see details.
| | It was a third positive week after 5 consecutive negative weeks for the Fortive Corp (FTV). During the week, the FTV gained 1.38 points, or 2.46%, and closed at 57.47 on Friday, October 2, 2026. It was the best weekly gain since August 7, 2026. Weekly volume was -33% below average.
Long-term trend: [See FTV long-term trend chart] A long-term downtrend had started on March 22, 2024 at 87.10 and reached 46.34 on August 11, 2025. FTV lost 40.76 points, or 46.80%, in 72 weeks. The chart has formed a Broadening Descending Wedge chart pattern. The trend support level is at 23.88 and resistance is at 76.59. A Broadening Descending Wedge pattern is considered to be a reversal formation. It usually appears in a mature trend, characterized by overbought/oversold long-term and short-term indicators, and often generates divergence on long-term indicators. Use the following link to access a Broadening Descending Wedge chart pattern help, or use a Technical Stock Screener to see the list of stocks with Broadening Descending Wedge pattern in a long-term trend.
Medium-term trend: [See FTV medium-term trend chart] A medium-term uptrend had started on August 11, 2025 at 46.34 and reached 64.56 on July 28, 2026. FTV gained -18.22 points, or -39.32%, in 50 weeks. The chart has formed a Rising Wedge chart pattern. The uptrend support line (59.27) is broken. A broken support is considered to be a long-term bearish signal. Use the following links to access Trend Support/Resistance Help, or use the Technical Stock Screener to see the list of stocks with broken trend support in a medium-term trend.
Weekly Technical Indicators: [See FTV weekly technical indicators chart] Weekly Lane's Stochastic is oversold. Use the Technical Stock Screener to see the list of stocks with weekly oversold Lane's Stochastic. Oscillators are designed to signal a possible trend reversal. They can act as alerts and should be taken in conjunction with other technical analysis tools. Oscillators can be used to confirm other technical signals. Use the following link to access Lane's Stochastic help. The weekly MACD line is below its signal line since July 31, 2026. Use the following link to access a MACD help.
Short-term trend: [See FTV short-term trend chart] A short-term uptrend had started on September 10, 2026 at 54.13 and reached 57.69 on October 2, 2026. FTV gained -3.56 points, or -6.58%, in 22 days. The price is now at the 6.18% retracement level.
Daily Technical Indicators: [See FTV daily technical indicators chart] Daily technical indicators are neutral. The daily MACD line is above its signal line since September 21, 2026. This is an indication that the short-term trend is up. During the last week, the price has moved above the moving average in the center of the Bollinger Bands. The Bollinger Bands are often used with a non-oscillator indicator like chart patterns or a trendline. The signals are considered more reliable if these indicators confirm the recommendation of the Bollinger Bands. Use the following links to access the Bollinger Bands Help, or use the Technical Stock Screener to see the list of stocks with the price above the Upper Bollinger Band or below the Lower Bollinger Band.
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